New Delhi, State-owned NHPC and energy solutions provider ENGIE on Friday announced the signing of PPA with Gujarat Energy Development Corporation Limited (GUVNL) for two solar projects of 200 MW each.
In a statement, NHPC said it has signed a power purchase agreement (PPA) with GUVNL for a 200 MW capacity solar project within Gujarat State Power Corporation's renewable energy park at Khavda.
"The estimated financial implication for the project will be Rs 846.66 crore. The scheduled period for completion of the project is 15 months from the date of execution of the PPA," it said.
This will be the fourth solar project in Gujarat for ENGIE, it said in a statement.
"ENGIE has signed PPA for 200 MW solar PV project. The bidding process by GUVNL took place on February 2, 2024, with ENGIE securing 200 MW at a competitive tariff of Rs 2.62 per unit," it said.
In a statement, NHPC said it has signed a power purchase agreement (PPA) with GUVNL for a 200 MW capacity solar project within Gujarat State Power Corporation's renewable energy park at Khavda.
"The estimated financial implication for the project will be Rs 846.66 crore. The scheduled period for completion of the project is 15 months from the date of execution of the PPA," it said.
This will be the fourth solar project in Gujarat for ENGIE, it said in a statement.
"ENGIE has signed PPA for 200 MW solar PV project. The bidding process by GUVNL took place on February 2, 2024, with ENGIE securing 200 MW at a competitive tariff of Rs 2.62 per unit," it said.
